In Re Reed
United States Bankruptcy Court, W.D. Kentucky
1Opinion of the Court
MEMORANDUM AND ORDER
MERRITT S. DEITZ, Jr., Bankruptcy Judge.
Are a table saw, torch, welder, and two trailers “tools of the debtor’s trade” as a steel fabricator? The question arises because the debtor has moved to avoid the non-purchase money liens on these items. If they are tools of the trade, they may be exempt and the lien on them avoided; if not, the secured creditor may repossess the items.
The debtor is a steel fabricator principally engaged in the construction of sheet metal buildings. He asserts that each of the items specified above is necessary for the continuation of that trade.…
2Cases cited7 opinions
- Credithrift of America, Inc. v. Dubrock (In Re Dubrock)United States Bankruptcy Court, W.D. Kentucky · 1980
- Credithrift of America, Inc. v. Meyers (In Re Meyers)United States Bankruptcy Court, E.D. Michigan · 1980
- Eagan v. Household Finance Corp. (In Re Eagan)United States Bankruptcy Court, N.D. New York · 1982
- First Hardin National Bank v. Damron (In Re Damron)United States Bankruptcy Court, W.D. Kentucky · 1980
- Holt v. FlournoyLouisiana Court of Appeal · 1945
2 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Walkington v. Production Credit Ass'n (In Re Walkington)United States Bankruptcy Court, W.D. Michigan · 1984
- Nazarene Federal Credit Union v. McNutt (In Re McNutt)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1988
- Monticello Arcade Ltd. Partnership v. Lyall (In Re Lyall)District Court, E.D. Virginia · 1996
- Metzig v. Bank of the West (In Re Metzig)United States Bankruptcy Court, N.D. Texas · 1983
- Quidley v. Small Business Administration (In Re Quidley)United States Bankruptcy Court, E.D. Virginia · 1984
3 more not listed; retrieve them via the Exa API.